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Mississauga Real Estate Market News – February 2019 – CommunityMalton

(Source: MLS Listings – see map for area boundaries)Mississauga Real estate Malton

Detached Homes

There was a total of 9 detached homes sold in the Malton community this February, compared to 3 detached homes sold in February 2018. The average sale price was $690,056, which is a 19.3% increase from February 2018 average sale price of $578,333. The average days on the market was 24 days, a slight increase from February 2018 which averaged 18 days on the market. The lowest price of a home sold was $625,000 while the highest price of a home sold was $785,000.

Semi-Detached Homes & Townhouses

There was a total of 5 semi-detached homes and townhouses sold in the Malton community this February, compared to 2 semi-detached homes and townhouses sold in February 2018. The average sale price was $644,500, which is a 5.3% decrease from February 2018 average sale price of $612,000. The average days on the market was 6 days, a significant decrease from February 2018 which averaged 47 days on the market. The lowest price of a home sold was $585,000 while the highest price of a home sold was $710,000.

Condominiums & Apartments

There was a total of 12 condominiums and apartments sold in the Malton community this February, compared to 4 condominiums and apartments sold in February 2018. The average sale price was $418,042, which is a an 8.4% decrease from February 2018 average sale price of $456,250. The average days on the market was 35 days, a slight decrease from February 2018 which averaged 39 days on the market. The lowest price of a home sold was $324,000 while the highest price of a home sold was $510,000.

Note: “Condominiums & Apartments” include all properties (detached or semi-detached) with shared amenities and monthly maintenance fees.

Interested in what happened last month? Check out last month’s stats here

FindMyNest is Mississauga’s leading cash back realtor. If you’d like more information on the Mississauga real estate activity in your area, a FindMyNest agent would be happy to assist you: 647-499-1661 or info@findmynest.ca

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